STND - Standard Uranium adds to portfolio staking new ground in the Athabasca Basin
(NewsDirect)
Standard Uranium CEO President SeanHillacre joined Steve Darling from Proactive to share news the companyhas announce the acquisition of 3 new 100% owned uranium explorationproperties in the Athabasca Basin region, northern Saskatchewan.
These newly acquired properties are CableBay Southwest, Ox Lake, and Brown Lake, bringing the total number ofprojects owned by Standard Uranium to ten, covering over 196,300 acreswithin the uranium-rich Athabasca Basin.
The company believes that these newly acquired projects havestrong potential for the discovery of high-grade basement-hosted andunconformity-related uranium mineralization. Standard Uranium is opento exploring option deals for these non-core projects as part of itsstrategic approach to increase its landholdings in theinfrastructure-rich eastern Athabasca Basin of Saskatchewan,Canada.
This acquisition further strengthens StandardUranium's position in the uranium exploration sector, aligningwith its commitment to expanding its presence in a region known forits significant uranium resources.
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